insurancebusinessmag1d
Revealed - insurers may recover up to half of $1B California FAIR Plan assessment
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
California’s FAIR Plan gets $1 billion bailout after L.A. fires
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
The New York Times4d
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
California’s ... for homeowners to find coverage. Now the pressure to leave will be even greater. The $1 billion assessment is the largest since the FAIR Plan was created in 1968, and the ...
Sacramento Bee3d
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
It is made up of all the companies that are licensed to write property policies in California and is not funded by taxpayer dollars. In recent years, the number of people with FAIR Plan coverage ...
kcra.com3d
California FAIR Plan needs $1 billion more to pay out claims from LA fires
WE HAVE SENT KCRA 3’S ANDREA FLORES DOWN TO SOUTHERN CALIFORNIA TO LOOK ... high premiums and basic coverage. There were more than 452,000 policies on the Fair Plan in 2024, more than double ...
The Grio3d
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance ...
Inland Valley Daily Bulletin3d
California FAIR Plan gets $1 billion assessment to head off insolvency
California’s insurance ... It provides high premiums and basic coverage for fire damage only. There were more than 452,000 policies on the Fair Plan in 2024, more than double the number in ...